Growth Corp is a non-profit development company certified by the U.S. Small Business Administration (SBA) to originate SBA 504 loans in Illinois and its surrounding areas. With a current portfolio in excess of $675 million, Growth Corp has helped thousands of small...

As you are aware, the federal government shutdown officially began on December 22, 2018, at 12:01 AM. The Small Business Administration has ceased operating its core lending and investment programs until government funding is made available. In light of the many...

With the new year almost upon us, it’s time to think about seizing new opportunities for growth in the months to come. That’s why the U.S. Small Business Administration (SBA) developed the 504 Loan Program…to offer business owners a more affordable...

Whether your business is product or service based, having the necessary equipment is vital to maintaining smooth operations. However, replacing, upgrading or purchasing new equipment for the first time can put a serious pinch on your cash flow. That’s why the...

SBA has announced fee changes for the SBA 504 Loan Program during Fiscal Year 2019 that will become effective October 1, 2018. Upfront Guaranty Fee This fee is increasing from zero to .50% for both standard and refinance 504 loans. This fee will be included...

Growth Corp has been named Illinois’ 504 Lender of the Year by SBA. This prestigious award represents Growth Corp’s continued support and extraordinary contribution to the small business community. Douglas Kinley, President of Growth Corp, and Joel Herscher, Vice...